1 of 46
Tools
Size
3,898 Sq Ft.
interior
0.84 Acres
Exterior
Financial
$118,000
Change Currency
$30
Price Per Sqft
$893
Annual taxes
Listing Details
Other
Property type
1950
Year Built
10243021
Web Id
6613573
MLS ID
223
Days Posted
Description
318 W Business Loop, Bowie, AZ 85605
This 11-unit motel is the perfect opportunity for a savvy investor or entrepreneur. Located in a high-traffic area with a huge need for Monthly Rentals in the agricultural sector. The motel has the potential to generate significant income once it has been renovated and reopened. Various room sizes and Configurations. Each unit has a 3/4 bath. Main 2 bedroom home/ office has Full bath w/ tub, kitchen and fireplace. Other features: communal laundry and kitchen space, Outdoor Fireplace & Ramada, Small Storage building in back, 7 RV spots (2 of which have sewer dumps). Two new septic tanks were installed in 2018 at a cost of $16,000. Could be Converted into / used as a Multi-Family Unit Complex. The previous owner was collecting $5,000 gross monthly before having to shut down. With a little TLC, this motel could be a gold mine.
This is an Active listing.
Broker Office Phone Number: 520-439-8888
Copyright © 2024Arizona Regional Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 520-439-8888
Copyright © 2024Arizona Regional Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Carpet
- Carpeted Floors
- Vinyl Flooring
- Concrete Flooring
- Wall or Window Air Conditioner(s)
Price History
date | Price | variance | type |
---|---|---|---|
4/3/2024 | $118,000 | 9.23 % | decreased |
2/25/2024 | $130,000 | 7.14 % | decreased |
10/4/2023 | $140,000 | - | Listed |
Listing By: Tierra Antigua Realty, LLC via Data Source: Arizona Regional Multiple Listing Service, Inc.
listing agent: Krista Benavides